Maine regulators are again pushing to "modernize" the state's medical cannabis program after a report showed that 42% of samples they recently tested contained contaminants such as yeast and pesticides. Read More
Maine’s congressional delegation on Thursday formally urged the U.S. Department of Justice to shut down a suspected statewide ring of illegal marijuana grows that’s allegedly connected to Chinese nationals.
Tennessee-based investment firm Big Plan Holdings (BPH) is joining forces with cannabis retailer and cultivator Silver Therapeutics to acquire $35 million worth of marijuana commercial real estate and operations in New England.
An attorney for the alleged mastermind of an illegal interstate marijuana operation based in Maine claimed that a Congressional act intended to shield legal marijuana businesses from federal prosecution also protects his client.
The U.S. cannabis industry is benefiting from long-desired tax relief now that an increasing number of states – 20 so far – have approved laws that exempt, or “decouple,” businesses from Section 280E of the federal tax code.